Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price some days ago declined below 1.0585support level, which coincided with the buyer zone, but soon it backed up. As well, the price started to trades inside the upward channel, where it one more time fell below the 1.0585 support level and back up. Next, the...
Hello Traders !
On The Daily Time Frame, The EURUSD Price Reached A Strong Resistance Level (1.10356 - 1.10045).
Currently, The Price Failed To Create a New Higher High.
The Last Higher Low is Broken (ChoCh).
So, I Expect a Bearish Move📉.
i'm waiting for retest...
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TARGET: 1.06750🎯
The EURUSD pair gave us a very successful sell signal two weeks ago (see chart below) and is on its way to hit our 1.07650 medium-term target:
What we haven't at the time considered as a possibility, but we clearly see it now, is the emergence of a Channel Down, if of course the November 29 High holds, that can break the current Megaphone pattern downwards,...
✅EUR_CHF fell again to retest the support of 0.942
But it is a strong key level
So I think that there is a high chance
We will see a bullish rebound and a move up
LONG🚀
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Hello,Traders!
EUR-AUD keeps falling and
The pair is locally oversold
So after it hits the horizontal
Support level of 1.6239
I think we will see
A bullish rebound
Buy!
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Check out other forecasts below too!
The pair is testing the broken support now resistance. I expect a rejection soon, it also has another resistance above: the bottom of the channel. It may try to test it. My SL triggers if the pair break up the horizontal resistance and a daily candles closes above it.
EURNZD formed an inverted h&s pattern on a key horizontal support.
I expect a pullback to 1.761 / 1.766 levels.
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✅EUR_AU D will be retesting a support level soon around 1.625
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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EUR/USD: Modest Bearish Pressure Persists as USD Shows Signs of Recovery
The EUR/USD pair commenced the new week under the influence of modest bearish pressure, aligning with our previous analysis idea that successfully reached the first take-profit level at 1.08500. Meanwhile, the US Dollar (USD) exhibits signs of recovery, rebounding at the 61.8% Fibonacci...
Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
A few moments ago price bounced from $1.0760 level, which coincided with support area, and started to fall in falling channel.
In channel, Euro made two fake breakout, first of resistance line and second of $1.0490 support level, after which it started to...
Hello Traders !
Previously, The EURNZD Price Formed a Bearish Double Top Pattern.
Currently, The Price Reached a Support Level
The Support Line is Broken !
So Let's Expect The Bearish Scenario:
If The Price Breaks The Support Level and Closes Below That,
I Will Sell on Retest...
TARGET: 1.72600🎯
Pair just hit a two years old resistance. I'm opening a small short position and I will add if price action confirms the rejection: a double top or some other bearish pattern on lower timeframes. SL above the next resistance. This could be the beginning of a bearish triangle if the pair breaks down the 0.94 support. But let's see how it goes first.
With the formation of the head and shoulder pattern and the breaking of the upward trend line, we can expect the price to fall to the range of 1.7260.
www.pcmfa.co
Here are the important key levels to watch & trade on EURUSD next week.
Resistance 1: 1.1017 - 1.1067 area
Resistance 2: 1.1129 - 1.1150 area
Support 1: 1.0825 - 1.0848 area
Support 2: 1.0736 - 1.0775 area
Support 3: 1.0655 - 1.0686 area
Support 4: 1.0494 - 1.0535 area
Support 5: 1.0447 - 1.0467 area
Consider these structures for pullback/breakout trading...
Hello traders, I want share with you my opinion about Euro. By observing the chart, we can see that the price a few moments ago declined below the 1.0860 support level, which coincided with the buyer zone and started to trades there. After some time Eur rebounded back, broke this level again, and later made a strong upward impulse to the 1.0965 resistance level,...
✅EUR_JPY is going down to retest a horizontal support at 159.500
Which makes me locally bullish biased
And I think that we will see a rebound
And a move up from the level
Towards the target above at 160.700
LONG🚀
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EURUSD crossed yesterday under the 4H MA50 for the first time in 1 month and naturally turned the 4H technical outlook bearish (RSI = 35.006, MACD = -0.002, ADX = 40.444). Combined with the Bearish Cross on the 1D timeframe, this is a medium term sell signal. This combination has taken place before inside 2023 another two times and on both, the 4H MA200 wasn't...
